EOS News, Price Predictions, Opinions and Analyses Created by Users

EOS (EOS)

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The EOS project was launched by Dan Larimer and Block.One CEO Brendan Blumer in June 2018. Larimer, who is also the founder of the Steemit project, co-authored EOS’ whitepaper in 2017 with Brendan Blumer. Like Ethereum, it aims to become a decentralized computing platform that is focused on creating an ecosystem of decentralized applications, with the planned advantage of being able to process many more transactions than Ethereum. The project, which has nearly a billion tokens in circulation, raised $4 billion in its ICO, a development that was very notable for its time.

Despite the wide ranging goals of the platform, EOS has a strict focus on building comprehensive tools for enterprise development, allowing them to leverage the advantages of decentralized technology without having to worry about security, stability and performance. Decentralized storage is also an important aspect of the project’s development goals. Based on the InterPlanetary File System (IPFS), the storage feature would allow anyone to access data stored on the network via a web browser. This is also important in the context of dapps, which can use the storage system to store data.

EOS differs from Ethereum in that it operates on a delegated Proof-of-Stake consensus protocol. The token itself is used in on-chain governance and users can use this to vote for EOS’ 21 block producers, who earn tokens for validating transactions. 

The project has since moved strictly into a research and development mode, with Blumer saying that “great things take time”


Equilibrium April Recap

7 May 2020 2 minute read 1 comment EquilibriumEOSDT

April was chock full of updates and events, as you’ve no doubt come to expect from us by now. Not only did integrate our support for BTC collateral, but EOSDT celebrated a major milestone while we simultaneously booked compelling AMA sessions with a...

THIS is the tweet Crypto Twitter is talking about!!

11 May 2020 1 minute read 0 comments bitcoindelight

After we experienced rejection from the latest upward trend and a price drop below $USD 8200 on Bitcoin we are currently trading BTC for approx $USD 8700. Major altcoins like Ethereum, Litecoin and EOS followed the downtrend still heavily connected t...

🔥🔥Crypto Idle Miner Earn HORA token

13 May 2020 2 minute read 5 comments Airdrop Radar

INTRODUCTION: Crypto Idle Miner by Hora Games. The game works like other idle games, where you are required to upgrade certain items, to provide a multiplier to a cash value. Once you reach a certain value, you can “prestige” to start from the beginn...

What are Instant Liquidity Exchanges and How to Make a Profit from them?

9 Apr 2020 4 minute read 2 comments ankarlie

Decentralized Finance (DeFi) is the new buzzword coined by the cryptocurrency community to call blockchain-based fintech. They are described as financial mechanisms that disintermediate traditional finance and allows direct peer-to-peer transactions...

EOS-based App Shuts Down, Taking $52M in Users' Funds With It

21 Apr 2020 1 minute read 9 comments Abhi K

EOS Ecosystem, a Chinese EOS wallet, has abruptly shut down, apparently absconding with $52 million worth of users’ funds. Chinese media outlet ChainNews on April 20 reported that users were unable to access their accounts, and that most of the funds...

Simplest way to earn rewards

5 Apr 2020 2 minute read 16 comments BenKenobi

Staking and fixed or flexible deposit functions are fonctions proposed by different exchange platform. You can be rewarded simply by keeping your crypto in your wallet. I test since few days different solutions with an initial wallet of $100.   Binan...

Weekly Crypto News Roundup - 5th of May - 12th of May

12 May 2020 3 minute read 4 comments pheonixdown-dee

Hello and Happy Halving day everyone! Bitcoin has officially completed it's block reward halving. If you don't know what that means, I have attached a video below that explains everything you need to know about the Bitcoin Halving.  Now to the stori...

Libra (Facebook) and Ton (Telegram) the two crypto projects that will never see the light of day

15 May 2020 3 minute read 16 comments Roberto D.

Today a slightly different article than usual to take stock of the situation on Libra and Ton, the two cryptocurrencies of Facebook and Telegram respectively. Their launch seemed imminent but after more than a year after confirmations and denials, le...

Tutorial: How to create Free Telos Account

23 Mar 2020 2 minute read 3 comments ankarlie

Hello guys! I have been exploring the different EOS sidechains of late and I am just loving the different projects. one of the EOS sidechains I want to share with you today TELOS. To be honest, I don't know much about the project, but I do know it is...

Chain Clash Celebrities’ Avatars Auction – Play as John McAfee

27 Mar 2020 1 minute read 1 comment egamersio

Are you ready to play as JohnMcAfee? The upcoming free to play, fighting game Chain Clash hosts a celebrity auction with John McAfee, Brock Pierce, and other influencers in the blockchain world. The Genesis avatars come in limited supply with higher...